Trump’s Iran sanctions hit India
India may end up being the unintended victim of renewed U.S. sanctions on Iran. It will push up the price of oil and cost India billions of dollars annually
India may end up being the unintended victim of renewed U.S. sanctions on Iran. It will push up the price of oil and cost India billions of dollars annually
“It will be the jump in crude prices that will trouble India more,” said Amit Bhandari, Fellow, Energy & Environment Studies, Gateway House, to Rakesh Sharma at Energy Intelligence, elucidating upon the possible implications for India if the Iran Deal Read more
Cyrus Rustomjee, Senior Fellow, Global Economy Program, Centre for International Governance Innovation, Canada, spoke to Gateway House on how the Blue Economy offers exciting opportunities to even the poorest developing countries to eradicate poverty
India has benefited from three years of low petroleum prices. The tide is now turning, with oil moving from a benign $50 to $70 a barrel. This is a good time for it to start using financial instruments and asset purchases, as other countries do, to protect itself against further price rises